The aid portion also included consideration of capital injections along the lines of the recapitalization measures undertaken by the Bush administration, and a so-called "ring fence" concept, in which the government uses a combination of g

Despite frequent condemnation of the practice around the world, rendition -- the secret capture, transportation and detention of suspected terrorists to foreign prisons in countries that cooperate with the U.S. -- remains in the CIA's playbook, t

I lived to see an American president red-baited by the Kremlin! That, in itself, is utterly amazing, and proof positive that we have indeed slipped into an alternate universe, a Bizarro World where history runs backward – and in reverse.

That amounts to swapping taxpayers’ “cash for trash,” Stiglitz said in a panel discussion at the World Economic Forum in Davos, Switzerland today. “You shouldn’t chase good money after bad. We’re talking about a national debt that’s very hard to mana

A new lawsuit is challenging Barack Obama's eligibility to be president, and this one targets Congress as a defendant for its "failure" to uphold the constitutional demand to make sure Obama qualified...

Former Sen. Tom Daschle, picked by President Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in unpaid taxes and $11,964 in interest, according to a Senate document.

Pawns of the Global Elite, Barack Obama was groomed for the presidency by key members of the Trilateral Commission. Most notably, it was Zbigniew Brzezinski, co-founder of the Trilateral Commission with David Rockefeller in 1973, who was Obama’s prin

The White House defended Treasury Secretary Geithner's choice of Mark Patterson - an ex-lobbyist from Goldman Sachs - to be his chief of staff. The selection is at least the third high-profile exception to a policy by President Obama that no one

How many Barney Frank nightmares do we have to endure just because they "Have to be done quickly"? Frank himself is bitching about how Pauslon spent the first $350 billion. Yet time was of such essence he helped ramrod the bailout bill thro

“Mark-to-market accounting has done a great deal of damage,” Rubin said. “For a lot of financial institutions we should move to something that is more similar to reserve accounting. That will be a very controversial matter.”

Only five days into the Obama presidency, members of the new administration and Democratic leaders in Congress are already dancing around one of the most politically delicate questions about the financial bailout: Is the president prepared to nationa

Timothy Geithner won a closer-than-expected Senate confirmation Monday to become Treasury secretary after taking a pounding for his past tax flubs. The Senate voted 60 to 34 to confirm Geithner, head of the Federal Reserve Bank of New York.

I'm going to make some predictions about Obama's presidency. Essentially, I'm going to predict that four years from now, an Obama presidency will not look very different from the George W. Bush presidency, or from what I imagine a John M

The Iraq War destroyed the presidency of George Bush. Obama, if he orders an expansion of the war in Afghanistan, and thus takes ownership of that conflict, will be well on the way to destroying his own presidency.

With widespread protests in Pakistan and Afghanistan over US operations since Obama became president, the vice-president, Joe Biden, said yesterday that US forces would be engaged in many more operations as the US takes the fight to its enemies in th

Phrases like "real food" and "farm-to-table" may sound like elitist jargon tossed around at upscale restaurants. But the country's top chefs, several of whom traveled to Washington for Obama's inauguration this week, hope

The diplomat rejected my argument as simplistic and unrealistic. He argued for a military solution, and, of course, that was the result the Bush administration delivered. The diplomat’s name? Richard Holbrooke.